Magic Foods India Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.98 Cr
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.01 Cr
- Satisfied Charges ₹ 7.60 Cr
- Revenue Growth 18.53%
- Profit Growth 1041.49%
- Ebitda 57.76%
- Net Worth 79.48%
- Total Assets 5.74%
About Magic Foods India
Magic Foods India Private Limited (MFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 April 2005 and has a history of 19 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.98 Cr.
The company currently has active open charges totaling ₹8.01 Cr. The company has closed loans amounting to ₹7.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gupta Devender and Gupta Anita serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15497TZ2005PTC011758
- Company No.
011758
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Apr 2005
- Date of AGM
15 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Magic Foods India Private Limited offer?
Magic Foods India Private Limited offers a wide range of products and services, including Noodles & Vermicelli, Instant Noodle.
Who are the key members and board of directors at Magic Foods India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gupta Devender  | Director | 31-Mar-2010 | Current |
| Gupta Anita | Whole-Time Director | 26-Apr-2005 | Current |
Financial Performance of Magic Foods India.
Magic Foods India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.53% increase. The company also saw a substantial improvement in profitability, with a 1041.49% increase in profit. The company's net worth Soared by an impressive increase of 79.48%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Magic Foods India?
In 2023, Magic Foods India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Coimbatore Roller Flour Mills Private LimitedGupta Devender and Gupta Anita are mutual person
Sahuwala Foods Private LimitedGupta Devender and Gupta Anita are mutual person
- Sahuwala Trades Private Limited
Gupta Devender and Gupta Anita are mutual person
Charges (Loans)
₹8.01 Cr
₹7.60 Cr
Charges Breakdown by Lending Institutions
- Others : 8.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2020 | Others | ₹8.01 Cr | Open |
| 27 Oct 2016 | Axis Bank Limited | ₹0.33 M | Satisfied |
| 24 Jul 2010 | Others | ₹4.75 Cr | Satisfied |
| 28 Oct 2005 | Bank Of India | ₹2.82 Cr | Satisfied |
How Many Employees Work at Magic Foods India?
Magic Foods India has a workforce of 118 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magic Foods India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magic Foods India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
